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Asking price just reduced to $599K! This North Texas based wholesale floral company has been serving the greater north Texas market area for decades, and continues to grow, with double digit revenue growth in 2018 and again YTD in 2019!
An extremely well-established customer base provides steady revenue and well vetted vendors provide great margins, combining to give this business excellent overall numbers! The warehouse/office building is owned by the seller who is willing to rent the facility to a buyer under excellent terms. This facility has been customized specifically to support a wholesale floral business – over 10,000 square feet available for buyer!
A seasoned, experienced and tenured staff will make for a smooth transition with a new owner. A general manager is in place with considerable tenure with the company, providing significant support to the current owner with the day to day management of the business. A sales staff is in place that has excellent relationships with the floral community! Multiple delivery vehicles included, all in good shape and most are relatively new!
47% revenue growth in the last 2 years positions this business extremely well for ownership transfer.
Seller is willing to stay on for a transition period as needed.
Revenue of $2.6M
Net owner earnings of $193K
Asking price recently reduced to $599K
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